Galaxy Digital OTC: Whale Exits Final 10K ETH
A whale that accumulated 52,000 ETH through Galaxy Digital OTC at an average of $2,161 has now completed liquidation by selling the final 10,000 ETH at around $2,500 each, realizing a $24.49 million profit over two and a half months.
SourceAnalysis
Galaxy Digital OTC handled the final leg of a whale's exit from 52,000 ETH, with the last 10,000 tokens sold for $25 million five hours ago.
The address bought the full stack between July and September at a $2,161 average and began unloading near the end of September at a $2,632 average, locking in $24.49 million.
Price sits at $2513.65 on the 4h chart inside the Bollinger Bands, with the upper band at $2568.06 acting as immediate resistance while the lower band at $2467.78 marks short-term support. The EMA50 at $2548.38 and EMA200 at $2572.37 define the bearish structure overhead, yet the MACD golden cross at -8.91 shows building momentum. With price testing upper Bollinger resistance while RSI holds neutral at 48.19, a healthy retracement toward the 50-EMA support at $2548 appears probable before any continuation attempt.
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